BPA Daily: Not many highs

[China Epoxy Network (China Epoxy Industry Online)March 4, 2015: The cost of the domestic bisphenol A market is driven by high prices.
On the last trading day (March 3, 2015), the mainstream transaction price in the mainstream market in East China began to maintain the range of 10,700 to 10,800 yuan/ton, with an increase of 200 yuan/ton.
According to analysis by market experts of China Epoxy Network (China Epoxy Industry Online)the spot market on the same day is not willing to wait and see, and the downstream construction has gradually increased since the Spring Festival.
However, due to the fact that there are many stocks in the early period, so the transaction Limited, raw materials have been adjusted upwards, manufacturers have pushed up one after another, and merchants holding goods will follow up on the market, but the buyer’s high level temporarily contradicts.
The bisphenol A external market is stable, and the price range in Europe is still large, indicating that there is still uncertainty.
After the contract fell in February, the spot was flat.
It is difficult to judge the market outlook.
The local demand is stable, and some people say that activities have increased.
The increase is mostly due to difficulties in the procurement of Russian sources.
It is expected that the contract price in March will rise, and the exchange rate between the United States and the euro will strengthen, which will reduce the competitiveness of Asian sources in Europe.
However, the current market supply is still sufficient.
Regional quotations of the domestic BPA market: the mainstream quotation in East China is 10,900 to 11,000 yuan/ton, and the mainstream transaction price is 10,700 to 10,800 yuan/ton; the mainstream quotation in Huangshan area is 11,000 to 11,100 yuan/ton, and the mainstream transaction price is 10,700 to 10,900 yuan/ton; The mainstream quotation in North China is 10,900 to 11,000 yuan/ton, and the mainstream transaction price is 10,700 to 10,800 yuan/ton; the mainstream quotation in South China is 11,100 to 11,200 yuan/ton, and the mainstream transaction price is 10,900 to 11,000 yuan/ton.

On the trading day (March 03, 2015), the market sentiment of the bisphenol A raw material was maintained and supported well: (omitted, see the full version for details).

On the trading day (March 3, 2015), domestic bisphenol A manufacturers offered high bids in response to the market.